Bitcoin Treasury Company GD Culture May Sell BTC to Buy Back Shares
Another treasury firm could backtrack on accumulating crypto, with GD Culture eyeing Bitcoin sales as a way to boost its stock price.
Another treasury firm could backtrack on accumulating crypto, with GD Culture eyeing Bitcoin sales as a way to boost its stock price.
More than $400 million worth of short positions have been liquidated in the last day as Bitcoin nears $69K and Ethereum and Solana surge.
Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC’s price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.7.
Top crypto equities like Bitcoin treasury firm Strategy and crypto exchange Coinbase are among the most shorted stocks, says Goldman Sachs.
The four firms will now have free reign to experiment in a program that will inform final UK stablecoin rules set to be released later this year.
Kalshi revealed its first enforcement actions Wednesday, against a political candidate and an employee of YouTube star MrBeast.
Social media giant Meta is quietly plotting a return to stablecoins. This time, however, the primary beneficiary may not be Mark Zuckerberg’s metaverse, but the US Treasury market. On Feb. 24, Coindesk reported that Meta was exploring stablecoin-based payments for a possible rollout in the second half of 2026, likely
Senator Richard Blumenthal has launched an inquiry into alleged Iran-linked crypto transfers as Binance pushes back against the claims.
Circle’s USDC grew 72% in Q4 as transaction volume soared and CRCL stock popped on bullish AI and payments commentary.
Bitcoin spent the last two days sliding down familiar shelves, and the order book kept printing lower bids as liquidity thinned. However, by Wednesday afternoon, the price traded back toward $65,000 after sweeping the low $63,000s, with the last 24 hours spanning roughly $62,800 to $66,200. The bounce depicts a